Decode Ballistic Reports Like a Pro. Register Now!
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

others


Exploring Section 80c Of The Income Tax Act: Maximizing Tax Benefits And Investment Opportunities

INTRODUCTION Section 80C of the Income Tax Act offers individuals and Hindu Undivided Families (HUF) the opportunity to avail a tax deduction of up to Rs 1.5 lakhs. This provision allows individuals to reduce their gross total income, resulting in lower tax liability. This article provides a comprehensive explanation of all the deductions available under Section 80C and its subsecti..

Posted in articles |   3 Views


Types Of Divorce

Introduction Divorce is the formal dissolution of a marriage accomplished by submitting a petition to a court of law. When a court issues a divorce judgement, it dissolves the couple's matrimonial union and ends the marriage as a whole. Along with the divorce of the husband and wife, other issues related to it include the division of assets and property as well as the child cust..

Posted in articles |   2 Views


Basis For Claiming Maintenance: Grounds For Seeking Financial Support

KEY TAKEAWAYS Maintenance is financial assistance given by one spouse to the other during or after a marriage to ensure a reasonable standard of living and contributes to the fairness and stability of post-marital financial agreements. The Hindu Marriage Act 1955, Hindu Adoption and Maintenance Act 1956, Code of Crimi..

Posted in articles |   2 Views


Understanding The Right Of Maintenance: Ensuring Financial Security For Divorced Women

INTRODUCTION The intent of maintenance measures established by laws is not to punish individuals for past neglect or refusal, but to prevent destitution among those who are unable to support themselves. The provisions regarding maintenance in the Code of Criminal Procedure are applicable to individuals of all religions and are independent of personal laws governing the parties invol..

Posted in articles |   3 Views


Related Party Transactions Under The Insolvency And Bankruptcy Code: Safeguarding Fairness And Transparency In The Resolution Process

INTRODUCTION India's insolvency resolution framework has been transformed by the Insolvency and Bankruptcy Code (IBC), which offers a transparent and efficient mechanism for resolving troubled businesses. A crucial aspect of the IBC is the regulation of related party transactions, which aims to prevent abuse and ensure fairness in the insolvency process. This article explores th..

Posted in articles |   2 Views


Untangling The Knot: Navigating The Procedural Aspects Of Divorce

INTRODUCTION Divorce is the legal termination of a marriage, and attitudes and beliefs towards the institution of marriage have evolved over time. In response to these changes, the divorce laws in India have also been modified to meet the needs of the present. Courts establish guidelines to handle divorce cases and ensure fairness for both parties involved. This article aims to prov..

Posted in articles |   2 Views


Grounds For Divorce Under Hindu Law

KEY TAKEAWAYS Hindu law recognises both non-fault-based (mutual consent, irretrievable breakdown, protracted separation) and fault-based (cruelty, adultery, desertion, conversion) grounds for divorce. Divorce in Hindu Law is governed by the Hindu Marriage Act, 1955, which specifies the grounds, processes, and effects of divorce on connected topics...

Posted in articles |   3 Views


Injured in a Bicycle or Pedestrian Accident? Here's What to Do Next and How an Attorney Can Help You Move Forward

Bicycle and pedestrian accidents can have devastating consequences, resulting in severe injuries and emotional trauma. When faced with such a situation, knowing what steps to take immediately following the accident and how to navigate the legal process is crucial. Seeking legal help from an experienced pedestrian and a href="https://chicagoaccidentattorneys.com/bicycle-accidents/" target="_bla..

Posted in articles |   3 Views


Supreme Court-Appointed Committee Finds No Conclusive Evidence of Stock Price Manipulation in Adani Group Companies

An expert committee established by the Supreme Court has conducted an investigation into allegations of stock price manipulation against the Adani group companies. The committee has determined that there is no definitive evidence supporting the claims of stock manipulation. However, the committee also stated that it could not definitively conclude whether there were any regulatory failures in r..

Posted in articles |   2 Views


Witten And Oral Offer Under Contract Law

INTRODUCTION In today's business, commerce and business-dominated world where we all are interdependent on each other for our needs we come across multiple offers and proposals each day some of which we agree while some we reject. The proposals and offers that we reject remain mere proposals and never bloom into agreements or contracts. The ones that we agree to become agre..

Posted in articles |   4 comments |   1 Views


Examining Section 53a Of The Civil Procedure Code (cpc) From A Holistic Perspective

Key Takeaways The Code of Civil Procedure provides guidelines for fair civil proceedings and allows alternative dispute resolution methods. Section 53A of the CPC protects parties who fulfil their obligations under an oral agreement for immovable property, even without a written contract, based on the principle of part performance. The doctrine of part-performance..

Posted in articles |   3 Views


Decree Vs Order: Understanding The Distinctions In Legal Proceedings

INTRODUCTION Law refers to a set of regulations acknowledged by a nation to govern the conduct and behavior of its citizens. It can be categorized into substantive law, which establishes the rights of individuals, and procedural or adjective law, which outlines the practices, procedures, and mechanisms for enforcing rights and responsibilities. When a court issues a ruling based on ..

Posted in articles |   9 Views


Reserve Bank Of India Withdraws ₹2,000 Notes From Circulation In Clean Note Policy

In a move to promote its "Clean Note Policy," the Reserve Bank of India (RBI) has decided to withdraw ₹2,000 denomination banknotes from circulation. However, it is important to note that the ₹2,000 notes will remain legal tender. This decision, reminiscent of the demonetization period, may cause strain on the banking system and inconvenience to the public, as witnessed before. The RB..

Posted in articles |   9 Views


Supreme Court Upheld State Legislature Competent To Levy Taxes On ‘gutkha’ Which Falls Within The Meaning Of ‘pan Masala’ But Distinct From ‘tobacco’

What is the case about ?  The appellants in the present appeals argued that the state legislature is not empowered to levy taxes on those articles on which the constitution allows Union to levy additional duties of Excise. The issue herein is the taxability of pan masala or gutka under the state legislations. The state enactments which are in quest..

Posted in news |   2 Views


Person Opting For Green Channle Of Entry Is Deemed Of Making An Impled Declaration Under Section 77 Of The Customs Acts Of Carrying ‘nil’ Dutiable Goods- Says Supreme Court

What is the case about ?  The present case is a writ petition filed under article 32 of the Indian Constitution which brings Article 21 of the constitution at the front desk before the honourable Supreme Court. The matter is regarding right of an accused under Customs Act, 1962 to settle the dispute as per the provisions of the said act in light of fundamenta..

Posted in news |   2 Views


Browse Popular Tags